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Someone just dropped a $5k bounty to expose bot operations tied to certain launchpad platforms. The timing? Brutal. Look at the recent track record—six IDO launches, four of them now trading underwater. Novastro's bleeding 69% below initial price. Everlyn? Down 53%. The pattern's obvious once you see it.
Here's how the scheme works: bot operators flood campaigns with fake engagement—likes, shares, follows, the whole circus. In return? They get token allocations. Then the real move happens. The moment TGE hits, they dump everything. No loyalty. No holding period. Just immediate exit liquidity.
Meanwhile, projects are burning 6-15% of their total supply paying for this manufactured hype. The engagement numbers look impressive on paper. But check back two weeks post-launch—ghost town. Users vanish. Activity flatlines. Price craters. It's the same cycle, different project name.
Manipulation and wash trading tactics are endless. Who still believes those false data?
Novastro dropped 69%? Laughs. Someone warned about it long ago, but no one listened.
Wait, can that $5k bounty really be investigated? I think it's a bluff.
That's why I only engage with projects that have genuine users. Others are just mirror scams.
Six launches, four dead. The probability is low, but here it is.
Have you noticed? The moment tokens are unlocked is when you see people's true intentions. All fake fans.
These kinds of platforms really need to be cleaned up, burning supply to create false hype, and everyone will be dead in two weeks.
I've seen through the Novastro thing long ago. Who still trusts those engagement metrics?
A 5000 yuan bounty can catch nothing; you'd need to spend ten times that to truly uncover these black hands.
NGL, this is exactly what Web3 is supposed to be like—filled with bots and false prosperity, all gone in two weeks...
Novastro dropped 69%... is that deserved? I can't quite put my finger on it.
Why is no one investigating the 6-15% of burned supply... where did all this money go?
They run away immediately after TGE appears, more honest than anything...
Is the launchpad platform just going to watch these tricks happen?